Chariot (LON:CHAR) Shares Up 19.8% – Here’s Why

Shares of Chariot Limited (LON:CHARGet Free Report) traded up 19.8% on Monday . The stock traded as high as GBX 3 ($0.04) and last traded at GBX 2.88 ($0.04). 24,774,395 shares were traded during trading, an increase of 227% from the average session volume of 7,585,654 shares. The stock had previously closed at GBX 2.40 ($0.03).

Chariot Price Performance

The company has a current ratio of 1.00, a quick ratio of 3.74 and a debt-to-equity ratio of 2.00. The company’s 50-day moving average price is GBX 4.31 and its two-hundred day moving average price is GBX 6.72. The company has a market cap of £33.39 million, a P/E ratio of -150.00 and a beta of 0.48.

Insider Activity at Chariot

In other news, insider George F. Canjar bought 595,379 shares of Chariot stock in a transaction on Wednesday, August 14th. The shares were bought at an average price of GBX 7 ($0.09) per share, with a total value of £41,676.53 ($54,422.21). 17.54% of the stock is owned by corporate insiders.

Chariot Company Profile

(Get Free Report)

Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas, Transactional Power, and Green Hydrogen segments. It holds interests in the Rissana offshore license that covers an area of approximately 8,489 square kilometers.

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